2 years ago
Argo Blockchain, the sole crypto miner listed connected the London Stock Exchange (LSE), said mining gross fell 5.7% successful December arsenic a declining terms for bitcoin much than offset an summation successful production.
The fig of bitcoin mined by Argo successful 2021 compares with those of Bitfarms and Marathon Digital who produced 3,452 BTC and 3,197 BTC respectively.
Last twelvemonth saw Argo acquisition a information halfway successful West Texas and 20,000 Bitmain Antminer S19J Pro machines to capable it. The steadfast expects to spot its hashrate summation by much than 2 exahash per 2nd (EH/s) to a full of 3.7 EH/s erstwhile the halfway is completed successful the archetypal fractional of this year.
As good arsenic trading connected the LSE, Argo is besides listed connected the Nasdaq Global Market.
The London shares were trading up astir 5% astatine the clip of publication.
Jamie Crawley is simply a CoinDesk quality newsman based successful London.
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